Enterprising Developments

IT Leads the New Corporate Renaissance

Joe McKendrick
Insurance Experts' Forum, September 10, 2010

My colleagues here at INN just published a list of “10 Back-to-School Books" that make for great and insightful reading. The list features classic compelling reads, such as Jim Collins' Good to Great and Richard Florida's The Great Reset. There is also a work by an author with deep roots in the IT world: The New Polymath: Profiles in Compound-Technology Innovations, by Vinnie Mirchandani.

Vinnie's thesis is that the world now demands new polymaths—the Greek word for "renaissance man"—to leverage converging technologies, such as advanced analytics, cloud computing, sustainability and social networks. The world demands new versatility, which will not only come from inspired individuals, but entire companies as well, he writes.

IT is leading the polymath revolution. Technologies such as business analytics are opening up new possibilities for coaxing businesses out of their comfortable boxes and launching new endeavors. For example, tech companies are extending their expertise into green technologies.

Vinnie cautions that while analytics are helping guide corporate decisions, it still takes knowledgeable humans to make the most of the capabilities unleashed by the technology. He writes “a wide range of analytical tools and technologies is available to enterprises today. Particularly encouraging is the progress around unstructured analytics, predictive analytics, and data visualization. Of course, recent misses in economic forecasting have reemphasized the need for ‘human intelligence.’”

Joe McKendrick is an author, consultant, blogger and frequent INN contributor specializing in information technology.

Readers are encouraged to respond to Joe using the “Add Your Comments” box below. He can also be reached at joe@mckendrickresearch.com.

This blog was exclusively written for Insurance Networking News. It may not be reposted or reused without permission from Insurance Networking News.

The opinions of bloggers on www.insurancenetworking.com do not necessarily reflect those of Insurance Networking News.

Comments (0)

Be the first to comment on this post using the section below.

Add Your Comments...

Already Registered?

If you have already registered to Insurance Networking News, please use the form below to login. When completed you will immeditely be directed to post a comment.

Forgot your password?

Not Registered?

You must be registered to post a comment. Click here to register.

Blog Archive

Big Data Is Paying Off

Insurers are getting business benefit out of their big data projects, but these projects alone won't grow their business.

What Can Insurers Learn from Home Depot?

The latest cyber-attack highlights the importance of helping policy holders defend themselves.

Not Your Father’s Insurance Company

Carriers need to look at new and impactful ways to be there for their customers.

How to Attract Top Tech Talent

When it comes to rankings of the best places to work, insurers are few and far between. Here’s what those who make the lists do to appeal to IT professionals.

Watch Out. Apple with Mayo is Heading Your Way

From a health care, health insurance and Internet-of-things perspective, questions still remain.

New Generation of Data and Analytics in Cloud

Cloud-based data and analytics products are becoming more common among technology companies, small and midsize businesses and departments.